Bank of Zhengzhou Co., Ltd. has recently received the Approval by the China Banking and Insurance Regulatory Commission Henan Office in relation to Qualification of ZHAO Fei as a Director of Bank of Zhengzhou Co., Ltd. from the China Banking and Insurance Regulatory Commission Henan Office pursuant to which the qualification of Mr. ZHAO Fei as an executive Director of the Bank was approved. The term of office of Mr. ZHAO Fei as an executive Director of the seventh session of the board of Directors (the "Board") of the Bank became effective on the approval date and shall end upon the expiration of the term of the seventh session of the Board. For the biographical details of Mr. ZHAO Fei, refer to the announcement of the Bank dated April 21, 2023.

The Board is pleased to further announce that, with effect from May 25, 2023, Mr. ZHAO Fei shall act as a member of the strategic development committee and the consumer rights protection committee of the seventh session of the Board of the Bank, and Mr. WANG Shihao shall cease to act as a member of the strategic development committee, the chairman and a member of the consumer rights protection committee.